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Consolidated Statements Of Changes In Shareholders' Equity - USD ($)
shares in Millions, $ in Millions
Total
Nonredeemable Preferred Stock
Common Stock
Capital Surplus
Accumulated Other Comprehensive Income (Loss)
Retained Earnings
Treasury Stock
BALANCE (in shares) at Dec. 31, 2019     142.1        
BALANCE at Dec. 31, 2019 $ 7,327   $ 1,141 $ 2,174 $ (316) $ 9,619 $ (5,291)
Cumulative effect of change in accounting principle 13         13  
Net income 59 [1]         59  
Other comprehensive income (loss), net of tax 382       382    
Cash dividends declared on common stock (190)         (190)  
Purchase of common stock (194)           (194)
Purchase of common stock (in shares)     (3.4)        
Issuance of preferred stock 395 $ 395          
Net issuance of common stock under employee stock plans (2)     (13)   (5) 16
Net issuance of common stock under employee stock plans (in shares)     0.3        
Share-based compensation 12     12      
BALANCE at Jun. 30, 2020 7,802 395 $ 1,141 2,173 66 9,496 (5,469)
BALANCE (in shares) at Jun. 30, 2020     139.0        
BALANCE (in shares) at Mar. 31, 2020     139.0        
BALANCE at Mar. 31, 2020 7,402   $ 1,141 2,168 87 9,476 (5,470)
Net income 118 [1]         118  
Other comprehensive income (loss), net of tax (21)       (21)    
Cash dividends declared on common stock (96)         (96)  
Purchase of common stock (1)           (1)
Issuance of preferred stock 395 395          
Net issuance of common stock under employee stock plans (1)     1   (2)  
Share-based compensation 4     4      
BALANCE at Jun. 30, 2020 7,802 395 $ 1,141 2,173 66 9,496 (5,469)
BALANCE (in shares) at Jun. 30, 2020     139.0        
BALANCE (in shares) at Dec. 31, 2020     139.2        
BALANCE at Dec. 31, 2020 8,050 394 $ 1,141 2,185 64 9,727 (5,461)
Net income 678         678  
Other comprehensive income (loss), net of tax (184)       (184)    
Cash dividends declared on common stock (187)         (187)  
Cash dividends declared on preferred stock (11)         (11)  
Purchase of common stock (453)     (24)     (429)
Purchase of common stock (in shares)     (5.9)        
Issuance of preferred stock 0            
Net issuance of common stock under employee stock plans 9     (27)   (5) 41
Net issuance of common stock under employee stock plans (in shares)     0.6        
Share-based compensation 29     29      
BALANCE at Jun. 30, 2021 7,931 394 $ 1,141 2,163 (120) 10,202 (5,849)
BALANCE (in shares) at Jun. 30, 2021     133.9        
BALANCE (in shares) at Mar. 31, 2021     139.6        
BALANCE at Mar. 31, 2021 8,152 394 $ 1,141 2,183 (105) 9,975 (5,436)
Net income 328         328  
Other comprehensive income (loss), net of tax (15)       (15)    
Cash dividends declared on common stock (92)         (92)  
Cash dividends declared on preferred stock (5)         (5)  
Purchase of common stock (450)     (24)     (426)
Purchase of common stock (in shares)     (5.8)        
Net issuance of common stock under employee stock plans 6     (3)   (4) 13
Net issuance of common stock under employee stock plans (in shares)     0.1        
Share-based compensation 7     7      
BALANCE at Jun. 30, 2021 $ 7,931 $ 394 $ 1,141 $ 2,163 $ (120) $ 10,202 $ (5,849)
BALANCE (in shares) at Jun. 30, 2021     133.9        
[1] See Defined Benefit Pension and Other Postretirement Costs in Note 1.